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Tuesday, October 28, 2025
TopicBanking

Topic: Banking

Supreme Court refuses to hear a plea seeking instant refund after failed financial transaction

A two-judge bench led by Chief Justice Ranjan Gogoi, however, offered the petitioner an option to file a representation before the Reserve Bank of India.

RBI isn’t alone. Populist leaders around the world are squeezing central banks

The flood of recent govt-central banks spats in India, the US & Europe underscores the fundamental danger of populism

The H in HSBC is looking rather unprotected

The good times for HSBC may be ending in Hong Kong.

Simplify GST to maintain high growth, IMF tells India

Also urges a clean-up of banks' balance sheets as it projects growth at 7.8% for FY 19-20.

It may be goodbye for Chanda Kocchar, but it’s not the end of an era for Indian women bankers

From Chanda Kocchar to Shikha Sharma, the sheen has come off the banking sector recently. But experts say don’t read too much into it.

To boost black money promise, Modi must start lobbying for India to lead FATF

India could use the platform of FATF to share its experience in dealing with hawalas/hundis and other forms of informal banking.

India’s bad bank backers are badly wrong

With general elections due next year, the bad bank idea looks like a politically expedient proposal of dubious economic merit. Bad ideas keep returning to...

India has to grow at 8% for 30 years to achieve middle class status

The global middle class is typically defined as having daily consumption expenditure levels of above $10 (in terms of PPP), which is almost Rs 650.

Punish the big fish: bank employees’ unions demand amid PNB scam arrests

Unions to hold dharna in Delhi demanding action against 'all the people' involved.

It’s time to review priority sector lending and pull commercial banks out of risks

With 40% of banks assets, or 32.4% of GDP, riding on this instrument alone, the debate about priority sector lending is not new. There is a new-found urgency to make it fit-for-purpose.

On Camera

The K in K-Pop is already silent. And that’s OK

Audience data shows there are now more fans outside South Korea than at home. Like hip hop, there’s no reason why K-Pop can’t have a similarly inclusive trajectory while staying true to its core.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.